Manchester-based Styles & Wood was bought out by venture capital firm Central Square Holdings LtD for £42.5m in December last year.
The venture capitalists also bought furniture, fixtures and equipment (FF&E) specialist Southerns in March.
The newly branded Extentia Group is made up of 11 specialist businesses offering asset management services alongside design, project management, optimisation, FF&E solutions and facilities management.
Alongside Styles & Wood, the 11 Extentia subsidiaries include engineering and environmental design consultants GDM, risk management specialist Arctick, property software firm iSite, and facilities management specialist Concourse FM.
According to Extentia, the combined group has forecast revenues of £230m for the year to June 2019, up from £185m for the year to June 2018, with underlying profit expected to grow.
Extentia chief executive Tony Lenehan (pictured) said: “Our 11 businesses have distinct identities and established brand equity with blue-chip clients. Together they represent an end-to-end capability which is unique in the market.
“This collaboration is already bearing fruit and we will continue to drive integration across the business.
“Following a productive and exciting period spent realising the rationale for bringing these businesses together, my management team and our backers are raring to begin this new chapter of growth and investment in the business.”
Extentia Group has 700 employees across 12 UK and Ireland offices.
Original Content from
Styles & Wood merges operations under parent rebrand | News – email@example.com (Tim Clark) – 2018-11-12 07:50:00
(Visited 22 times, 1 visits today)